Emerging Technologies
Tabb: Firms Spend $25 Billion on Content, $3.1 Billion on Data Tech in 2013
Research firm Tabb Group’s Data and Analytics (DnA) group has released a new report, "Market Data Technology Innovation: Bigger Data, Simpler Solutions, Better Functionality," which estimates global spend on market data at about $25 billion in 2013,…
Calypso Appoints Natraj as Global Head of Sales
Calypso Technology has appointed Nat Natraj as its senior vice president for sales and marketing. He will report to Calypso president and CEO Kishore Bopardikar.
NY Fed Hires Goldman's Avery as CDO
Linda Avery, a Goldman Sachs data operations technology executive for about 20 years, begins as chief data officer for the Federal Reserve Bank of New York on July 28
The Wheel Keeps on Turning
Thoughts on recovery in the fi-tech space to open the week.
Updata Powers Energy Feed with NGX Data
UK-based technical analysis software provider Updata has added futures and index data from Canada’s Alberta-based Natural Gas Exchange (NGX) to its Professional analytics workstation to provide natural gas and commodities traders with prices for illiquid…
Opening Cross: Strength in Numbers—A History Lesson in Surviving The Data Purge
This week, our New York office has been gearing up for Purge Day, when we purge our desks of papers and items that we no longer need, and in return the company buys us a pizza lunch. In preparing for Purge Day, clearing out a closet of old copies of…
NuPont Integrates Aussie Tech Firm for Asia-Pac IT Support Services
Market data and technology product and marketing consultancy NuPont is planning to begin offering technical support and development services via an operation in Australia to provide support for consulting clients seeking to expand into new markets.
Canadian Market Participants Skeptical of Proposed Exchange Data Fee Regulation
Proposed regulations in Canada to curb the fees that Canadian trading venues can charge for their real-time market data have received mixed reactions from market participants, who are unconvinced that the new proposals will significantly reduce the cost…
Internal Dark Pools—Into Darkness?
This week, trading on Barclays' US-based LX platform fell off a cliff after a lawsuit was filed alleging high-frequency (HFT) manipulation at the venue. Is the buy side finally spooked?
Velocimetrics Nabs TS-A Sales Head Woolhouse
Latency monitoring technology provider Velocimetrics has hired former TS-Associates sales head Adam Woolhouse as strategic account manager, responsible for global account development and client relationship strategy.
Saxo Bank Appoints Bressan as Equity Products Chief
Saxo Bank has announced that Alessandro Bressan will become its global head of equity products.
McDonnell Takes Over Sales for TT
Trading Technologies (TT), a Chicago-based provider of trading software, has appointed Robbie McDonnell EVP global sales.
Rapid-Fire Appointment Sees O'Malia Take Isda Top Spot
O'Malia as the new Isda CEO less than two days after resignation from US regulator made public
Thomson Reuters Adds BGC OTC Data
Thomson Reuters is making real-time over-the-counter data from interdealer broker BGC Partners available via its Eikon desktop, its Elektron Real Time feeds infrastructure, and its Tick History and DataScope Select products, to increase OTC data…
Rapid-Fire Appointment Sees O'Malia Take Isda Top Spot
US Commodity Futures Trading Commission (CFTC) commissioner Scott O'Malia has been confirmed as the new CEO of the International Swaps and Derivatives Association (Isda), less than 48 hours after his resignation from the US regulator was made public.
Activ Names Collins Global Sales Head
Market data provider Activ Financial has promoted Ben Collins to global head of sales in London, where he continues to report to Frank Piasecki, president of Activ in New York.
CFTC's Commissioner O'Malia to Resign Next Month
US Commodity Futures Trading Commission (CFTC) commissioner, Scott O'Malia, has announced in a letter addressed to President Barack Obama that he will resign next month.
O'Brien Departs BATS; CEO Ratterman Adds President Duties
BATS Global Markets has announced the immediate departure of president William O'Brien, who joined the company in January following its merger with Direct Edge, where he was chief executive.
BATS President O'Brien Abruptly Leaves
BATS Global Markets (BATS) today announced the departure of William O'Brien as president, effective immediately, with CEO Joe Ratterman reassuming the additional role of president.
HKEx Shuffles Senior Info Execs
Hong Kong Exchanges and Clearing has named Roger Lee head of its new Market Operations group, which comprises cash and derivatives trading and market data.
IDC Names Goldman Sachs' Black Infrastructure CIO
Interactive Data has appointed former Goldman Sachs executive James Black as chief information officer for infrastructure, a newly created role reporting to company CIO Alex Goor.
Solace Adds to Sales in UK, Asia
Canadian messaging appliance vendor Solace Systems has expanded its sales teams in Europe and Asia with the hires of David Eden as regional account director in London and Danny Papadatos as regional vice president of sales for Asia and Australia in…
Opening Cross: Data Dilemmas Will Be Just Fine... If You Read the Fine Print
The financial markets are full of nostalgic tales about how deals used to be done on a handshake in the street. Unfortunately—or perhaps fortunately, depending on your point of view—those days are gone. Now, there’s a paper trail for everything—in fact,…
Kimsey: Developing Markets Driving Data Growth
Global spending on market data is poised to grow by just under 4 percent over the next two years to around $23.6 billion, driven by growing data consumption in new markets, according to an analysis of the trading technology sector carried out by UK-based…